Agriculture > products
coconuts, copra, breadfruit, papayas, bananas; pigs, poultry, goats |
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Currency
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New Zealand dollar |
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Debt > External
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$0.00 |
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[133rd of 136]
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Economy > Overview
Tokelau's small size (three villages), isolation, and lack of resources greatly restrain economic development and confine agriculture to the subsistence level. The people rely heavily on aid from New Zealand - about $4 million annually - to maintain public services with annual aid being substantially greater than GDP. The principal sources of revenue come from sales of copra, postage stamps, souvenir coins, and handicrafts. Money is also remitted to families from relatives in New Zealand. |
Exchange rates
New Zealand dollars per US dollar - 1.5087 (2004), 1.7221 (2003), 2.1622 (2002), 2.3788 (2001), 2.2012 (2000) |
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Exports
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$0.00 |
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[189th of 189]
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Exports > Commodities
stamps, copra, handicrafts |
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Exports > Partners
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New Zealand |
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Exports to US
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$1,600,000.00 |
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[166th of 224]
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Fiscal year
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1 April - 31 March |
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GDP
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$1,500,000.00 |
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[183rd of 203]
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GDP > CIA Factbook
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$1,500,000.00 |
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[1st of 192]
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Imports
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$969,200.00 |
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[184th of 185]
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Imports > Commodities
foodstuffs, building materials, fuel |
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Imports > Partners
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New Zealand |
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Imports from US
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$4,600,000.00 |
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[166th of 224]
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Industries
small-scale enterprises for copra production, woodworking, plaited craft goods; stamps, coins; fishing |
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Trade balance with US
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$3,000,000.00 |
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[73rd of 224]
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Trade with US > US exports of furniture, household goods, etc
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23 |
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[159th of 202]
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Trade with US > US exports of textile, sewing machines
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90 |
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[115th of 183]
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